BLINDCONNECT INC (EIN 880382189) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Phone

7026319009

Tax Period

2024-01-01 to 2024-12-31

BLINDCONNECT INC, founded in 1998, is a small nonprofit in the Human Services sector that reported $107K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $29K, a strong 27% operating margin.

Mission

BLINDCONNECT PROVIDES BLINDNESS SKILLS TRAINING TO BLIND AND LOW VISION ADULTS. THE ORGANIZATION ALSO OFFER INFORMATION, REFERRAL AND PEER SUPPORT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,149

Program Service Revenue $67,399

Investment Income $0

Other Revenue $36,567

TOTAL REVENUE $107,115

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,568

Fundraising Expenses $0

Program Expenses $47,194

Other Expenses $15,719

TOTAL EXPENSES $78,287

Year-over-Year Comparison

	2024	2023	Change
Revenue	$107,115	$189,833	-0.4%
Expenses	$78,287	$153,228	-0.5%
Net Income	$28,828	$36,605	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD PEZIO	BOARD MEMBER	2.00	Director	$0	$0	$0
JEAN PEYTON	BOARD MEMBER	4.00	Director	$0	$0	$0
THOMAS SULLIVAN	SECRETARY	2.00	Officer	$0	$0	$0
RAQUEL O NEILL	PRESIDENT	4.00	Officer	$0	$0	$0
RONALD F HELBLING	TREASURER	2.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$107,115	$78,287	$681,942	$28,828
2023	$189,833	$153,228	$653,170	$36,605
2022	$422,724	$238,254	$615,968	$184,470
2021	$110,524	$95,465	$432,470	$15,059
2020	$75,261	$25,703	$416,067	$49,558
2019	$59,297	$38,824	$366,123	$20,473
2018	$73,481	$34,695	$345,650	$38,786

BLINDCONNECT INC